The Baker Hughes (BHI) North America Rig Count rose by 5 rigs for the week ending June 28. The U.S. rig count was flat at 967 and down 80 from last year, while Canada rose 5 and remained down 48 from last year.
|Baker Hughes Rig Count||June 21||June 28|
|Gulf of Mexico||24||26|
Rigs classified as drilling for oil and in operation rose by 4 in the U.S. to 793, which is 65 rigs less than the 858 one year ago. Rigs classified as drilling for gas declined by 4 to 173, and are still 14 fewer than the 187 one year ago.
Rigs in Canada classified as drilling for oil rose 4 to 84, which is 33 less than the 117 rigs in operation one year ago. Rigs classified as drilling for gas rose by 1 to 40, which is now 15 less than the 55 in operation one year ago.
The Gulf of Mexico, which is a subset of the U.S. total, rose by 2 to 26 rigs. That’s 8 more rigs than the 18 in operation one year ago.
The Baker Hughes North America Rig Count tracks changes in the number of active operating oil and gas rigs on a weekly basis. Active rigs are essential for exploration and development.
The United States and Canada are separate components, and a separate count for the Gulf of Mexico is given as a subset of the U.S. total. The count includes only rigs that are significant users of oilfield services and supplies.